Golden Sky Minerals Corp. Receives Exchange Approval, Provides Additional Disclosure on NSR Terms in Boliden Option and Joint Venture Agreement
TSX-V: AUEN
Golden Sky Minerals Corp. Receives Exchange Approval,
Provides Additional Disclosure on NSR Terms in Boliden Option
and Joint Venture Agreement
Vancouver, British Columbia, November 27 , 2025 – Golden Sky Minerals Corp. (TSXV: AUEN OTC:
LCKYF) ("Golden Sky" or the " Company") is pleased to announce that it has received approval
from the TSX Venture Exchange (the “Exchange”) for its Option and Joint Venture Agreement
(the “Agreement”) with Boliden Minerals Canada Ltd. (“Boliden”) and, as requested by the
Exchange, provides t he following supplemental disclosure regarding the net smelter returns
royalty (the "NSR").
This news release is issued further to the Company’s news releases dated September 3, 2025
found here , and November 17, 2025 found here , which described the key terms of the
Agreement and the approval of the Agreement by disinterested shareholders.
Under the Agreement, Boliden may earn up to an 80 percent interest in the Rayfield copper gold
property in south central British Columbia by making cash payments totaling CDN $1,000,000
over five years and funding up to CDN $19,000,000 in exploration expen ditures over six years.
Upon completion of the earn in, a joint venture will be formed, and the Rayfield Property will be
combined with Boliden’s adjoining Gjoll property.
In connection with the joint venture, if a party’s interest in the joint venture is reduced to below
10 percent, its remaining interest will automatically convert into a 1.0 percent net smelter returns
(NSR) royalty on the Rayfield Gjoll property, subject to a maximum aggregate royalty payable of
CDN $15,000,000.
The NSR is not an upfront or current obligation of the Company. It only arises if a joint venture
participant is diluted below a 10 percent interest. At present, no NSR is outstanding or payable
to any party under the Agreement.
This transaction is arm’s length to the Company and no finder’s fees are being paid.
GOLDEN SKY MINERALS CORP.
2110 -650 West Georgia Street
Vancouver, British Columbia
Canada, V6B 4N9
Telephone: 604 568 8807
Facsimile: 604 681 1864
www.goldenskyminerals.com
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About Golden Sky Minerals Corp.
Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition,
assessment, exploration, and development of mineral properties located in highly prospective
areas and mining-friendly districts. Golden Sky's mandate is to develop its portfolio of properties
to the mineral resource stage through systematic exploration.
Its portfolio includes the Rayfield-Gjoll Copper-Gold Project in British Columbia, the Hotspot and
Luckystrike gold projects in Yukon, and the Auden Gold Project in Ontario's Timmins camp.
Golden Sky's objective is to create value for shareholders through the discovery and development
of world-class mineral deposits. The company was incorporated in 2018 and is headquartered in
Vancouver, British Columbia, Canada.
On behalf of the board of Directors
John Newell, President & CEO
Contact Information:
Golden Sky Minerals Corp.
Phone: (604) 512-2329
Email: [email protected]
Website: www.goldenskyminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Information
This news release contains "forward looking information" within the meaning of applicable
Canadian securities legislation. Forward looking information includes statements regarding final
acceptance of the TSX Venture Exchange, the ability of Boliden to complete the earn in and fund
exploration expenditures, the formation and operation of the joint venture, the potential
application of the NSR, and the exploration and development plans for the Rayfield Gjoll property
and the Company’s other projects.
Forward looking information is based on a number of assumptions that, while considered
reasonable by the Company at the date of this news release, are subject to known and unknown
risks, uncertainties and other factors that may cause actual results or events to differ materially
from those expressed or implied. These risks and uncertainties include, among others, risks
relating to exploration, development and mining activities, commodity prices, regulatory
approvals, title, financing, and general economic conditions, as well as the risks described in the
Company’s continuous disclosure filings available on SEDAR Plus at www.sedarplus.ca.